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Endcap Retail Suite with Bank Infrastructure
For Lease
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12505 Old Meridian St, Carmel, IN 46032

2,430 SF endcap retail suite with former Huntington Bank infrastructure in an area with Meijer traffic.

Space Size1,650 SF
Property Size33,414 SF
Days on Market2092

Property Features for 12505 Old Meridian St

General Information

Standard status Active
Size 1,650 SF
Class B
Property subtype Retail
Lease Type NNN

Additional Details

Traffic Count 9,866 vehicles/day

Building Details

Building Size 33,414 SF
Year Built 2001
Tenancy Multiple

Spaces For Lease

at 12505 Old Meridian St Contact us

Suite 120

Size
1,650 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: ALO Property Group
Listed By: Gary Perel · License #IN
Source: Crexi
Added: Dec 16, 2020 Changed: Sep 8 Last Checked: Sep 8 at 8:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ALO Property Group

Investment Insights

Based on property information with market context.

This 2,430 SF endcap retail suite includes existing infrastructure that previously supported a Huntington Bank use, making the space well-suited for financial or service-oriented concepts. The layout is positioned as an endcap within a retail setting, with opportunities to support prominent visibility and signage.

The suite is directly across from Meijer, benefiting from high daily traffic measured at 9,866 VPD. It’s located within the walkable Providence on Old Meridian community in Carmel, Indiana, surrounded by high-density residential, retail, and office development. Additional market context includes a 3-mile population of 70,111 and an average household income of $186,096, with strong day-to-day convenience supported by excellent access and abundant parking.

Key Highlights

  • ±2,430 SF end cap retail suite with former Huntington Bank infrastructure for financial or service use
  • Directly across from Meijer with 9,866 VPD
  • Abundant on‑site parking and excellent access

Property Analytics

Current Use

Buckingham Construction Construction Company Huntington Mortgage Group Loan Service Athletico Physical Therapy ... Medical Clinic Reforming Indy Pilates ... Gym & Fitness Center King Dough Carmel Restaurant

Suggested Use

Top Pick Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9,866 VPD
Traffic count
NNN (Triple Net)
Lease Type
$27.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,512
Businesses Nearby
214k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Dining 37% Shops & Services 11% Hotels & Casinos 4%
Meijer Groceries
86,002 visits/mo 0.1 miles
Meijer Gas Station Shops & Services
19,971 visits/mo 0.1 miles
Panda Express Dining
13,116 visits/mo 0.2 miles
Bar Louie Dining
11,403 visits/mo 0.5 miles
Chipotle Mexican Grill Dining
10,726 visits/mo 0.2 miles

Demographics for 46032, IN

50,477
Population
22,118
Households
2.3
Avg Household Size
40
Median Age
75%
College-Educated
98%
High-School Grad
25.3 sq mi
ZIP Area
1,995
Density / Sq Mi
$123,438
Median Household Income
$70,558
Median Earnings
$1,522
Median Rent
$464,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Bank - 2,430 SF endcap retail suite with former Huntington Bank infrastructure in an area with Meijer traffic.
Where is this bank located?
The property is located at 12505 Old Meridian St Carmel, IN.
What is the lease rate?
The lease rate is $180 SF/Yr.
What are key features of this property?
This property features: ±2,430 SF end cap retail suite with former Huntington Bank infrastructure for financial or service use; Directly across from Meijer with 9,866 VPD; Abundant on‑site parking and excellent access
(317) 853-7500 Call to check price and availability
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